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Last $4.12 USD
Change Today -0.01 / -0.24%
Volume 113.6K
ULBI On Other Exchanges
ULBI is not on other exchanges.
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

ultralife corp (ULBI) Snapshot

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05/21/15 - $4.45
52 Week Low
11/21/14 - $2.83
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ultralife corp (ULBI) Details

Ultralife Corporation designs, manufactures, installs, and maintains power and communications systems in the United States and internationally. It operates through two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt batteries, cylindrical batteries, thin lithium manganese dioxide batteries, lithium ion cells and rechargeable batteries, multi-kilowatt module lithium ion battery systems, and uninterruptable power supplies, as well as rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables. The Communications Systems segment provides communications systems and accessories to support military communications systems, such as RF amplifiers, power supplies, power cables, connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, and integrated communication systems for fixed or vehicle applications comprising vehicle adapters and SATCOM systems. This segment is also involved in the design, integration, and fielding of portable, mobile, and fixed-site communications systems. The company offers its products under the Ultralife Batteries, Lithium Power, McDowell Research, AMTI, and ABLE brand names. It serves government, defense, and commercial customers. Ultralife Corporation sells its products through original equipment manufacturers, and industrial and defense supply distributors, as well as directly to the United States and international defense departments. The company was founded in 1990 and is headquartered in Newark, New York.

594 Employees
Last Reported Date: 03/11/15
Founded in 1990

ultralife corp (ULBI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $481.3K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $279.8K
President of Battery & Energy Products
Total Annual Compensation: $243.2K
Compensation as of Fiscal Year 2014.

ultralife corp (ULBI) Key Developments

Ultralife Corp. Ratifies Bonadio & Co., LLP as Independent Registered Accounting for 2015

Ultralife Corp. at its annual meeting of shareholders held on June 2, 2015 ratified the selection of the company's independent registered accounting firm as Bonadio & Co., LLP for 2015.

Ultralife Corporation Announces Consolidated Earnings Results for the First Quarter Ended March 29, 2015

Ultralife Corporation announced consolidated earnings results for the first quarter ended March 29, 2015. Consolidated revenues for the first quarter totaled $19.2 million, representing a $3.9 million or 25.5% increase from the $15.3 million for the first quarter of 2014. The increased revenue and the resulting leverage of business model resulted in an operating profit of $0.8 million for the 2015 first quarter compared to an operating loss of $1.1 million for the 2014 period. The year-over-year improvement in operating profit of $1.9 million consisted of a $1.1 million contribution from the 25.5% increase in sales, a $0.6 million contribution from the 290 basis point improvement in gross margin and $0.2 million from lower operating expenses. This brings to adjusted EBITDA, defined as EBITDA including noncash stock-based compensation expense, of $1.5 million or 8% of sales against negative $45,000 for the first quarter of 2014. Net income was $0.5 million or $0.03 per share compared to a net loss of $1.5 million or negative $0.07 per share for the same period last year.

Ultralife Corp., Annual General Meeting, Jun 02, 2015

Ultralife Corp., Annual General Meeting, Jun 02, 2015., at 09:00 US Eastern Standard Time. Location: The Westin Crystal City, 1800 Jefferson Davis Highway. Agenda: To elect six directors for a term of one year and until their successors are duly elected and qualified; to ratify the selection of Bonadio & Co., LLP as independent registered public accounting firm for the fiscal year ending December 31, 2015; to approve an advisory resolution on executive compensation; and to transact such other business as may properly come before the meeting and any adjournments thereof.


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